Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.001%
Price spread now: OKX against BloFin−0.062%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$780.785% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.062%, 7d avg −0.086%
=The price spread pays, funding is against you. OKX is 0.025% dearer against BloFin than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.086%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.019% in total) that is about 9.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MASK-USDT | 0.4858 | 0.0121 | pay 0.0061% / 4h | 39m 13s | $129K | $20K | 50x |
| Short | OKX MASK-USDT-SWAP | 0.4855 | 0.0100 | get 0.0100% / 8h | 39m 13s | $501K | $3.1M | 20x |
BloFin MASK-USDT
OKX MASK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.5
- Price spread: −0.062% → −0.086%
- $2.47
- Slippage, 4 orders
- −$56.49
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$80.52
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 22 min ago; OKX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 22 min ago | 1.03 bp | 11.5 bp −$11 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.06 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
MASK on 10 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MASKUSDT | −0.0303% | 4h | 0.4857 | −0.021% | $1.3M | $1.9M | 50x | as long as short |
| Variational Omni MASK | −0.0034% | 4h | 0.4859 | +0.029% | $23K | $1 | — | as long as short |
| Binance MASKUSDT | +0.0100% | 4h | 0.4861 | +0.062% | $2.6M | $9.8M | 50x | as long as short |
| OKX MASK-USDT-SWAPshort | +0.0100% | 8h | 0.4855 | −0.062% | $501K | $3.1M | 20x | |
| Gate MASK_USDT | +0.0100% | 8h | 0.4864 | +0.124% | $275K | $658K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4858 | 0.000% | $1.1M | $327K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4868 | +0.206% | $602K | $230K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4865 | +0.144% | $512K | $1.4M | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4858 | 0.000% | — | $2.3M | — | as long as short |
| BloFin MASK-USDTlong | +0.0121% | 4h | 0.4858 | long leg | $129K | $20K | 50x |
Bybit MASKUSDT
Variational Omni MASK
Binance MASKUSDT
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT